VFMF vs. LVHD ETF Comparison

Comparison of Vanguard U.S. Multifactor ETF (VFMF) to Legg Mason Low Volatility High Dividend ETF (LVHD)

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$130.50

Average Daily Volume

8,811

Number of Holdings ^*

446

* may have additional holdings in another (foreign) market

LVHD

Legg Mason Low Volatility High Dividend ETF

LVHD Description

The investment seeks to track the investment results of the QS Low Volatility High Dividend Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

Grade (RS Rating)

Last Trade

$40.30

Average Daily Volume

66,928

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

Performance

Period	VFMF	LVHD
30 Days	1.23%	3.80%
60 Days	1.43%	8.75%
90 Days	5.72%	13.82%
12 Months	25.02%	17.79%

17 Overlapping Holdings

Symbol	Grade	Weight in VFMF	Weight in LVHD	Overlap
CNA	C	0.07%	0.09%	0.07%
CVBF	C	0.09%	0.09%	0.09%
CVX	D	0.4%	2.07%	0.4%
FANG	D	1.08%	1.06%	1.06%
FCF	C	0.14%	0.05%	0.05%
FNF	A	0.21%	0.56%	0.21%
FULT	C	0.34%	0.15%	0.15%
IBM	B	0.64%	2.49%	0.64%
KMB	D	0.33%	2.16%	0.33%
LYB	F	0.11%	1.25%	0.11%
MSM	D	0.23%	0.26%	0.23%
PFBC	C	0.23%	0.05%	0.05%
PKG	B	0.18%	0.95%	0.18%
UVV	D	0.07%	0.09%	0.07%
VGR	C	0.19%	0.08%	0.08%
VZ	B	0.53%	2.38%	0.53%
WABC	D	0.15%	0.05%	0.05%

VFMF Overweight 429 Positions Relative to LVHD

Symbol	Grade	Weight
WFC	D	1.71%
AIG	D	1.6%
VLO	D	1.11%
GOOG	D	1.1%
BK	A	1.08%
AMAT	D	1.04%
HIG	A	1.04%
SYF	C	1.01%
MPC	D	0.99%
AFL	B	0.97%
ABBV	C	0.97%
MLI	B	0.94%
LRCX	F	0.92%
MTG	B	0.9%
BKNG	B	0.89%
QCOM	D	0.88%
MCK	F	0.87%
META	A	0.85%
BPOP	C	0.81%
APO	C	0.78%
AXP	B	0.78%
JPM	D	0.77%
PHM	B	0.75%
MMM	B	0.75%
KR	B	0.74%
NUE	F	0.74%
CAT	C	0.74%
PSX	D	0.67%
FDX	C	0.65%
KLAC	D	0.64%
ANET	B	0.62%
GOOGL	D	0.61%
GILD	B	0.61%
OFG	C	0.59%
EOG	D	0.58%
HCA	B	0.57%
TMHC	B	0.57%
XOM	D	0.55%
OMF	C	0.53%
PCAR	D	0.53%
CAH	C	0.53%
ARCH	F	0.53%
WMT	B	0.5%
BCC	C	0.5%
COP	D	0.49%
OC	C	0.49%
COST	C	0.47%
CI	C	0.47%
PVH	F	0.46%
TGT	C	0.45%
HRB	C	0.45%
M	F	0.45%
AZO	D	0.45%
ORI	A	0.44%
NVDA	D	0.44%
COLL	B	0.43%
TJX	C	0.43%
SLM	C	0.42%
NWS	D	0.41%
ALSN	B	0.4%
GIII	C	0.4%
KELYA	D	0.4%
SIG	C	0.38%
WFRD	F	0.38%
AMAL	B	0.38%
ANDE	D	0.37%
UFPI	C	0.35%
WRB	C	0.34%
RDN	B	0.34%
EIG	B	0.34%
SCS	B	0.34%
FBP	C	0.33%
CBOE	C	0.32%
PRDO	D	0.31%
PRI	B	0.31%
GFF	C	0.3%
AMKR	F	0.3%
SKX	C	0.3%
ASC	D	0.29%
NMIH	B	0.29%
EAT	B	0.29%
TK	C	0.29%
CRM	D	0.29%
MLKN	D	0.28%
TNK	D	0.28%
WSM	C	0.28%
SIGA	D	0.27%
ACT	A	0.27%
UNM	B	0.27%
NTB	C	0.26%
CNO	B	0.26%
JBL	D	0.25%
ASO	C	0.25%
AYI	B	0.25%
WTTR	C	0.25%
NSIT	C	0.25%
IBOC	C	0.25%
MTH	B	0.24%
GM	B	0.24%
TPC	C	0.24%
HP	D	0.24%
CAL	F	0.23%
SRCE	C	0.23%
STNG	D	0.23%
EVR	B	0.23%
CLF	F	0.23%
CPAY	B	0.22%
PR	D	0.22%
EWBC	C	0.22%
CFG	D	0.22%
MBIN	C	0.22%
ATKR	F	0.22%
DELL	D	0.22%
KD	D	0.21%
GNW	B	0.21%
MUR	D	0.21%
CTRA	F	0.21%
HPQ	D	0.21%
SXC	F	0.21%
MHO	B	0.21%
DBX	D	0.21%
CENTA	D	0.21%
TOL	B	0.21%
TEX	D	0.21%
CHRD	F	0.21%
STLD	D	0.21%
DHI	B	0.21%
STT	A	0.21%
EQH	C	0.21%
CATY	B	0.21%
CASH	B	0.2%
DINO	D	0.2%
AAL	D	0.2%
BG	D	0.2%
CPF	B	0.2%
AX	D	0.2%
GMS	C	0.2%
THO	D	0.2%
BLD	D	0.2%
CACC	D	0.2%
EME	B	0.2%
ESGR	D	0.19%
RS	D	0.19%
NR	F	0.19%
OMI	D	0.19%
PLAB	F	0.19%
AMWD	C	0.19%
RL	B	0.19%
AGO	C	0.19%
BBWI	F	0.19%
SKYW	C	0.19%
ATGE	D	0.19%
ZEUS	F	0.19%
CNC	C	0.19%
LEN	B	0.18%
DHT	C	0.18%
SCHL	D	0.18%
DKS	D	0.18%
CVCO	B	0.18%
REVG	C	0.18%
PUMP	F	0.18%
IMKTA	D	0.18%
DLX	D	0.17%
BELFB	C	0.17%
VIRT	B	0.17%
TNL	D	0.17%
BLX	C	0.17%
AIT	C	0.17%
CLW	F	0.17%
VCTR	B	0.17%
CRC	C	0.17%
CALM	B	0.17%
COOP	B	0.17%
JEF	B	0.17%
DOX	C	0.16%
HCC	F	0.16%
OZK	D	0.16%
R	B	0.16%
WMK	C	0.16%
AMRX	B	0.16%
GAP	F	0.16%
SCSC	D	0.16%
RRC	D	0.16%
SM	D	0.16%
CMC	D	0.16%
VNT	D	0.16%
CR	C	0.16%
CRBG	D	0.16%
ENS	C	0.16%
DESP	C	0.15%
BV	B	0.15%
URBN	D	0.15%
INSW	D	0.15%
PLUS	B	0.15%
LPG	F	0.15%
KBH	B	0.15%
ARW	C	0.15%
SNA	B	0.15%
NVR	B	0.15%
CF	B	0.15%
MUSA	C	0.15%
TILE	B	0.15%
CNOB	B	0.15%
HWKN	B	0.15%
PATK	B	0.15%
FTI	D	0.15%
URI	B	0.15%
ETH	D	0.14%
DNOW	D	0.14%
MOH	C	0.14%
PFGC	B	0.14%
SPOK	C	0.14%
AN	D	0.14%
ODP	F	0.14%
FIX	B	0.14%
IESC	C	0.14%
QCRH	B	0.14%
AEO	D	0.14%
OVV	D	0.14%
OLN	D	0.14%
PHIN	B	0.14%
ESAB	C	0.14%
TPR	C	0.14%
NAT	D	0.14%
WCC	C	0.13%
ROCK	D	0.13%
MRC	D	0.13%
JELD	D	0.13%
TNET	D	0.13%
YETI	D	0.13%
CNXN	B	0.13%
CHCO	B	0.13%
FLWS	F	0.13%
KTB	B	0.13%
MATX	C	0.12%
TAP	C	0.12%
WNC	F	0.12%
RCL	B	0.12%
CSTM	D	0.12%
BBW	C	0.12%
WLK	D	0.12%
PFSI	B	0.12%
SSD	C	0.12%
CTSH	C	0.12%
KNTK	B	0.12%
NTAP	D	0.12%
CEIX	D	0.12%
GL	C	0.12%
CVLT	B	0.12%
TPH	C	0.12%
REX	D	0.12%
EXPE	C	0.12%
NXST	D	0.11%
GPC	D	0.11%
SWKS	F	0.11%
RES	D	0.11%
DAKT	D	0.11%
NMRK	B	0.11%
PTVE	D	0.11%
AZZ	C	0.11%
SFL	D	0.11%
BRY	F	0.11%
SANM	D	0.11%
RAMP	F	0.11%
FOR	C	0.11%
OXM	D	0.11%
JOE	C	0.11%
NAVI	C	0.1%
PH	B	0.1%
WGO	D	0.1%
EXEL	B	0.1%
WHD	C	0.1%
MOG.A	B	0.1%
SPTN	C	0.1%
FCX	D	0.1%
BLDR	C	0.1%
AGX	C	0.1%
BXC	D	0.1%
STBA	B	0.1%
MBUU	D	0.1%
GPOR	C	0.1%
BTU	D	0.1%
MTDR	D	0.1%
HAFC	C	0.1%
MTUS	F	0.1%
WEX	C	0.1%
SAIA	D	0.1%
COKE	C	0.1%
ARCB	D	0.09%
QLYS	F	0.09%
BUSE	C	0.09%
BOKF	B	0.09%
APOG	B	0.09%
DXPE	C	0.09%
CIVI	F	0.09%
GNK	D	0.09%
CNM	F	0.09%
SFBS	B	0.09%
EXP	B	0.09%
IIIN	D	0.09%
SD	D	0.09%
LRN	B	0.09%
CNX	A	0.09%
AGCO	D	0.09%
PSMT	B	0.08%
CSL	C	0.08%
MCY	C	0.08%
PLPC	F	0.08%
AHCO	B	0.08%
JWN	B	0.08%
ACCO	C	0.08%
OSUR	F	0.08%
WSFS	C	0.08%
IDT	C	0.08%
TBBK	B	0.08%
MRK	D	0.08%
PBF	F	0.08%
LPLA	D	0.08%
NOG	D	0.07%
BHLB	C	0.07%
STRL	B	0.07%
WU	D	0.07%
IDCC	B	0.07%
MYRG	F	0.07%
BECN	D	0.07%
AXL	F	0.07%
BBSI	B	0.07%
SFNC	B	0.07%
KSS	F	0.07%
GES	F	0.07%
AGM	D	0.07%
WOR	F	0.07%
LZB	C	0.07%
AMZN	C	0.07%
HVT	D	0.07%
MOV	F	0.07%
CRVL	B	0.07%
GRBK	B	0.07%
WMS	D	0.07%
SBSI	B	0.07%
VFC	C	0.06%
NX	D	0.06%
XRX	F	0.06%
GRNT	D	0.06%
ZIMV	F	0.06%
HBI	B	0.06%
OSBC	C	0.06%
CG	C	0.06%
RNR	B	0.06%
LBRT	D	0.06%
CASY	D	0.06%
TMUS	C	0.06%
BWA	D	0.06%
UA	C	0.06%
LOPE	D	0.06%
CACI	B	0.06%
EBAY	B	0.06%
RGP	F	0.06%
APG	D	0.06%
CPRX	B	0.06%
LEN	B	0.06%
PFG	B	0.06%
TCBI	B	0.05%
ANIP	D	0.05%
BKE	B	0.05%
BC	C	0.05%
DECK	C	0.05%
SCVL	B	0.05%
YELP	F	0.05%
PPC	D	0.05%
TNC	D	0.05%
MGY	C	0.05%
MET	A	0.05%
CBT	B	0.05%
LOW	B	0.05%
HPE	D	0.05%
PSTG	F	0.05%
HELE	D	0.05%
AMSF	C	0.05%
LQDT	B	0.05%
JBI	F	0.05%
LYTS	C	0.05%
DOLE	A	0.05%
STRA	D	0.04%
HEES	D	0.04%
MEDP	D	0.04%
SXI	C	0.04%
MCRI	B	0.04%
TRST	C	0.04%
BKU	C	0.04%
CHE	C	0.04%
BRKL	C	0.04%
HNI	B	0.04%
SHOO	B	0.04%
GOLF	F	0.04%
MCFT	D	0.04%
AMG	C	0.04%
CTS	D	0.04%
VTRS	C	0.04%
KFRC	D	0.04%
ALKS	C	0.04%
DDS	D	0.04%
ROST	C	0.04%
FARO	D	0.03%
SMP	C	0.03%
BYD	C	0.03%
GPK	B	0.03%
THRY	D	0.03%
ATEN	C	0.03%
HOV	C	0.03%
BERY	B	0.03%
HSTM	C	0.03%
ULTA	D	0.03%
KMT	B	0.03%
AMRK	C	0.03%
EPAC	B	0.03%
THFF	B	0.03%
DBI	F	0.03%
PRLB	D	0.03%
EPM	C	0.03%
FELE	C	0.03%
CCRN	F	0.03%
INMD	D	0.03%
JACK	F	0.03%
HIMS	D	0.02%
FFIV	A	0.02%
GPI	B	0.02%
MAN	C	0.02%
JAZZ	D	0.02%

VFMF Underweight 98 Positions Relative to LVHD

Symbol	Grade	Weight
LMT	C	-2.7%
MCD	C	-2.67%
KO	B	-2.62%
KDP	A	-2.59%
MDLZ	B	-2.58%
DUK	C	-2.48%
SO	B	-2.47%
HD	B	-2.46%
PEP	C	-2.45%
JNJ	B	-2.45%
MO	C	-2.45%
CSCO	B	-2.44%
HSY	C	-2.4%
AEP	B	-2.25%
USB	B	-2.25%
GIS	B	-2.11%
KHC	C	-2.01%
XEL	A	-1.94%
EXC	B	-1.92%
PAYX	C	-1.9%
OKE	B	-1.83%
SYY	D	-1.79%
K	A	-1.76%
PNC	B	-1.72%
VICI	C	-1.59%
DRI	C	-1.55%
WEC	B	-1.45%
ED	C	-1.4%
ETR	A	-1.38%
OMC	A	-1.1%
DTE	B	-1.06%
AEE	B	-1.04%
NI	B	-0.97%
FE	C	-0.95%
IPG	C	-0.93%
MAA	B	-0.91%
EVRG	A	-0.9%
EQR	B	-0.85%
ESS	B	-0.85%
KIM	B	-0.82%
LNT	A	-0.72%
PNW	B	-0.69%
REG	C	-0.67%
WPC	B	-0.64%
CUBE	B	-0.56%
GLPI	B	-0.52%
ADC	C	-0.49%
BRX	B	-0.48%
OGE	B	-0.44%
NNN	B	-0.38%
STAG	C	-0.34%
POR	B	-0.33%
DTM	B	-0.32%
EPRT	A	-0.31%
ONB	C	-0.3%
NSA	B	-0.29%
DOC	C	-0.28%
SON	C	-0.28%
IDA	B	-0.25%
EPR	B	-0.24%
VLY	C	-0.23%
APLE	D	-0.22%
OGS	B	-0.22%
HIW	B	-0.22%
ALE	A	-0.21%
BKH	B	-0.21%
FNB	D	-0.21%
CTRE	B	-0.18%
SR	B	-0.18%
NJR	B	-0.17%
BNL	B	-0.16%
AVA	B	-0.15%
UBSI	B	-0.14%
FIBK	B	-0.14%
BOH	C	-0.13%
LXP	B	-0.13%
NTST	D	-0.12%
NWE	A	-0.12%
ROIC	B	-0.12%
CBU	C	-0.11%
AUB	C	-0.11%
FHB	C	-0.11%
NHI	A	-0.1%
FCPT	A	-0.1%
LTC	B	-0.08%
NWN	B	-0.08%
PFS	B	-0.08%
DEA	B	-0.08%
GTY	B	-0.07%
UNIT	C	-0.07%
LADR	B	-0.06%
NBTB	D	-0.06%
FFBC	C	-0.06%
HOPE	B	-0.06%
TOWN	B	-0.06%
AAT	B	-0.06%
NWBI	C	-0.06%
FRME	C	-0.06%